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Proposal #4: Implementing a 3% Launchpad Project Fee for Token Buy-Back & Burn

Voting ended over 2 years agoSucceeded

Introduction

Decubate’s commitment to empower and innovate within the decentralized economy has led us to another intriguing governance proposal on which we are now requesting your input:

Governance Proposal # 4: Implementing a 3% Launchpad fee that contributes directly to a token buy-back and burn.

Important note: Our community of investors wouldn't bear the proposed 3% Launchpad fee. Instead, the fee would be incurred by the projects opting to use our Launchpad.

Why do we consider adding this fee?

This proposition is intended to strike a balance between promoting our platform's growth and maintaining our commitment to providing value for our community. By charging this fee, we aim to foster a healthier ecosystem by simultaneously ensuring that our customers and investor community can coexist in a healthy balance.

Expected implications

As we continue our mission to be the torchbearers of the web3 revolution, we understand that such transformative measures may have both supporters and skeptics. Yes, this means some projects may reconsider our launchpad as the fee is slightly higher than before, although it would still often be lower than with our industry peers.

On the other hand, implementing this fee for projects and burning it automatically through (decentral) smart contracts will help our ecosystem grow and further enhance a circular and sustainable tokenomics model. In addition, it enables us to accelerate our journey towards achieving our target of 50M burn this year.

Voting Options

Option 1: Yes, I support the implementation of an additional 3% Launchpad fee for projects.

Option 2: No, I oppose the implementation of an additional 3% Launchpad fee for projects.

Let us know what you think!

By hosting this vote, we are staying true to our pledge to imbue our platform with the power of decentralization and put our community at the helm of key decisions. We believe in collective wisdom, and we're excited to see how you, our community, will choose to steer this proposal.

Together, let's shape the future of Decubate and the web3 economy.

Off-Chain Vote

Yes, I support
61.19M DCB89.1%
No, I oppose
7.48M DCB10.9%
Quorum:6867%
Download mobile app to vote

Timeline

Jun 09, 2023Proposal created
Jun 09, 2023Proposal vote started
Jun 12, 2023Proposal vote ended
Oct 26, 2023Proposal updated